Total amount raised
Undisclosed
Latest funding date
09/01/2014
Location
Title
BeyondTrust has successfully raised significant funding over multiple rounds, establishing itself as a key player in the identity and access security sector. The company's platform offers comprehensive solutions designed to eliminate blind spots and stop attacks.
Keep reading to explore the intricacies of BeyondTrust's fundraising journey and the investors backing this innovative platform.
What Is BeyondTrust?
Founded in 2003, BeyondTrust is headquartered in Atlanta, Georgia. The company specializes in identity and access security solutions, focusing on Privileged Access Management (PAM) and Identity Threat Detection and Response (ITDR).
BeyondTrust's platform offers comprehensive solutions to visualize, manage, and govern identities, entitlements, and access. Their goal is to eliminate blind spots and stop attacks through holistic visibility and intelligent protection.
While the founders' names are not publicly listed, BeyondTrust has grown significantly, employing a substantial workforce to support its innovative security solutions.
How Much Funding Has BeyondTrust Raised?
- Amount Raised: $310 million Date: September 2014 Lead Investors: Veritas Capital Valuation at Round: $310 million Motivation Behind the Round: Veritas Capital saw strategic value in BeyondTrust's cybersecurity products.
BeyondTrust has raised a total of $310 million. The current valuation is $310 million.
Key Investors
- Veritas Capital
- Details: Veritas Capital is a New York-based private-equity firm that targets companies providing government services. They acquired BeyondTrust for $310 million in 2014.
- Investment Focus Areas: Government services, defense, healthcare.
- Notable Investments: Peraton, Guidehouse, Athenahealth.
What's Next for BeyondTrust?
With the backing of Veritas Capital, BeyondTrust is poised to leverage new resources to expand its product offerings and market reach. The cybersecurity landscape is rapidly evolving, and BeyondTrust's focus on identity and access security positions it well to capitalize on growing demand.
Future fundraising opportunities could arise as BeyondTrust seeks to scale operations and enhance its technology. However, the company may face challenges such as integrating new acquisitions and maintaining its competitive edge. Navigating regulatory and compliance landscapes will also be crucial as it continues to grow.
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